Ant dip is coming, prepare some pennies to catch it!
Helloeloeloeloelo everyone! What a silly day today!! Yeah it was expected right? no action and nothing really interesting.
The volatility was really low today and didn't notice any good volume, not buying nor selling volume, just low and boring, however it might be a sign for a next dip tomorrow in the worst scenario.
I think somehow it will fall into 210$ or 209$ to re-test 9/March opening bell hour, it was high volume included buy orders after a gap from the previous day. in a normal days after any breakout it should followed by small movement then a test to check the buying orders,
In fact yesterday's dip wasn't a good test because today the market had no clear response and didn't make any new high not even visited the Monthly resistance of Feb @ 322$. where it dropped at.
320$ is Feb high, and it's a resistance for the price, some dips are normally expected no need to panic.. it's really normal in any market!! don't expect any market keep flying without any tests or pullback!!
So tomorrow it could be like this, low @ 207/208/209/210$ and it will close between 230 - 248$ it will still in the red territory but it'd be great for the long bull run, as I said, re-test 9/March opening bell hour could be the key to activate the remain buying orders.. Chart with details
It's not a FUD post, just a potential day for GME, See ya at 1 Million$/sh ;)
Posted Mar 11, 2021, 9:50 PM UTC · edited